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Explain the ANALYSIS under the headings below in accordance to the Income Statement below. INCOME STATEMENT 2022 2022 2023 2023 2024 2024 Revenues Sales Revenue

Explain the ANALYSIS under the headings below in accordance to the Income Statement below.

INCOME STATEMENT
2022 2022 2023 2023 2024 2024
Revenues
Sales Revenue $ 412,550.000 825100 825100
Freight Collection 3,316.00 6,632.00 11,606.00
Total Revenues (1) $415,866.00 $831,732.00 836706
Cost of goods sold
Finished goods inventory, 15,000.00 9,476.00 17,082.10
Cost of goods manufactured 51,975.00 94,250.00 169500
Cost of goods available for sale 66,975.00 103726 186582.1
Less: Finished goods inventory, 9,476.00 17,082.10 25,133.25
Cost of goods sold 57,499.00 86,643.90 $161,448.85
Gross profit 358,367.00 745,088.10 675,257.15
Operating expenses Manager Salary 32,000.00 35,200.00 38,720.00
office expenses 3,000.00 3,300.00 3,700.00
administrative expenses 25,000.00 30,000.00 36,000.00
Marketing Expenses 21,900.00 24,090.00 26,499.00
Freight 27,332.00 37,144.00 66,470.00
Total operating Expenses 109,232.00 129,734.00 171,389.00
Net profit/loss (3-4) $249,135.00 $615,354.10 503,868.15

Explain the Headings below descriptively according to the Income Statement:

Analysis

1. Net Sales Revenue (One Paragraph)

2. Opening and finished goods available for sale (One Paragraph)

3. Operating expenses (One Paragraph)

4. Manufacturing Cost (One Paragraph)

5. Marketing Expenditure (One Paragraph)

6. Freight cost (One Paragraph)

7. Net Profit and Loss (One Paragraph)

NOTE: Explain the increases, hoe low or high with the percentage.

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